The Business Research Company’s Proanthocyanidins Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Proanthocyanidins Global Market Report 2023 evaluates proanthocyanidins market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global proanthocyanidins market is poised for a noteworthy progression, with expectations of growth from $2.19 billion in 2022 to an estimated $2.40 billion in 2023, reflecting a robust Compound Annual Growth Rate (CAGR) of 9.5%. Nevertheless, the ongoing Russia-Ukraine conflict has cast a shadow over the global prospects of economic recovery following the protracted COVID-19 pandemic. This geopolitical turmoil has resulted in far-reaching economic sanctions imposed on several nations, an alarming surge in commodity prices, and intricate disruptions within global supply chains. The ripple effect of these multifaceted challenges manifests as inflationary pressures impacting both the goods and services sectors, thus exerting a palpable influence on a multitude of global markets.

Looking ahead, the proanthocyanidins market is anticipated to maintain its upward trajectory, with a projected valuation of $3.42 billion by the year 2027, showcasing a substantial CAGR of 9.3%. This forecast underscores the resiliency of this market and its potential for continued growth, albeit within the framework of an evolving global landscape. It is a testament to the ongoing dynamics that shape the future of this market, and it is crucial for industry stakeholders and investors to navigate this landscape with keen awareness of these external factors.

The increase in the prevalence of lifestyle-related diseases is expected to propel the growth of the proanthocyanidin market going forward. Lifestyle diseases refer to conditions including cardiovascular disease (CVD), stroke, diabetes, and cancer types strongly correlated with lifestyle decisions. Proanthocyanidin safeguards the heart and circulatory system by acting as an antioxidant to prevent nitrosamines from developing. Hence, the prevalence of lifestyle-related diseases increases the demand for proanthocyanidin market. For instance, in 2022, according to a report published by the American Heart Association, a US-based organization dedicated to fighting heart disease and stroke, in 2020, globally, 19.1 million people died from cardiovascular disease (CVD) with the age-adjusted prevalence rate of 7,354.1 per 100,000. Furthermore, in June 2022, according to the International Diabetes Federation, a Belgium-based diabetes federation, the prevalence of diabetes had increased to 10.5% worldwide, with over half (44.7%) of people still undiagnosed. Therefore, the increase in the prevalence of lifestyle-related diseases is driving the growth of the proanthocyanidin market.

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The proanthocyanidins market segments in the report are:
1) By Type: Type A, Type B
2) By Source: Grape Seed, Pine Bark, Bilberry, Cranberry, Horse Chestnut, Blueberry
3) By Application: Dietary Supplement, Functional Food And Beverage, Personal Care And Cosmetics, Pharmaceutical, Animal Feed, Other Applications
4) By Distribution Channel: Drug And Pharmacy Stores, Convenience Stores, Modern Trade, Online Retail
5) By End User: Adults, Children, Seniors

The table of contents in TBRC’s proanthocyanidins market report includes:
1. Executive Summary
2. Proanthocyanidins Market Characteristics
3. Proanthocyanidins Market Trends And Strategies
4. Proanthocyanidins Market - Macro Economic Scenario
5. Global Proanthocyanidins Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……
32. Global Proanthocyanidins Market Competitive Benchmarking
33. Global Proanthocyanidins Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Proanthocyanidins Market
35. Proanthocyanidins Market Future Outlook and Potential Analysis
36. Appendix

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